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SAP Stock Sees Biggest Drop Since 2020 Over Cloud Concerns
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Shares in German tech giant SAP have reportedly seen their largest one-day loss since 2020.
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The decline came as the company rattled investors over the health of its cloud computing business, the Financial Times (FT) reported Thursday (Jan. 29).
More recently, SAP introduced a series of artificial intelligence enhancements for retailers, including the Retail Intelligence solution in SAP Business Data Cloud, designed for retailers and direct-to-consumer businesses.
We put data and AI at the heart of retail, delivering speed, personalization and growth across every channel and segment.”